快速查题-ACCA英国注册会计师试题

The following price and demand combinations have been given: 

P1 = 400, Q1 = 5,000 

P2 = 380, Q2 = 5,500 

The variable cost is a constant $80 per unit and fixed costs are $600,000 pa.  

What is the demand function? 

Cost-based approaches to pricing take more account of the external environment than target costing. 

 Pricing based on mark-up per unit of limiting factor is particularly useful if an organisation is not working to full capacity. 

 A company currently sells a product for $40 and at this price, demand is 16,000 units per month. It has been estimated that for every $3 increase or reduction in the price, monthly demand will fall or increase by 2,000 units.  

What is the formula for the demand curve for this product? 

 Which of the following pricing policies is the most appropriate for a new product for which the price elasticity of demand is expected to be inelastic? 

How can the constraint facing the Shaping Department be written as an inequality? 

 Fill in the blanks. 

The shadow price of a scarce resource indicates the amount by which contribution would ...............  if an organisation were deprived of one unit of the resource. The shadow price only applies while the extra unit of resource can be obtained at its .................  cost. 

 KP makes 2 products, the K and the P.  

                                                                  K                        P  

                                                                  $                         $ 

Selling price                                          160                    98 

Mat C                                                         20                      0 

Mat D                                                         20                    20 

Labour                                                      60                     40 

Fixed costs per unit                                15                     10 

Labour is in short supply and KP have only 21,000 hours available per month. Labour is paid $20 per hour. 

What is the maximum contribution they can earn in the month? 

Determine the optimal production plan for the four-week period ending 30 June 20X0, assuming that RAB is seeking to maximise the profit earned. You should use a linear programming graph, identify the feasible region and the optimal point and accurately calculate the maximum profit that could be earned using whichever equations you need.